Boise Employees

Intl Falls, MN · Charter 62383

Q2 1999

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2

Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q2 1999, the quarter ended June 30, 1999, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Intl Falls, MN · Charter 62383

Q2 1999

$41.8MAssets

$30.1MLoans

$26.3MShares

n/aNet Worth

Return on Assets (YTD, annualized)

3.65%-62 bps YoY

Net Interest Margin (YTD, annualized)

n/a

Efficiency Ratio (YTD, annualized)

n/a

Net Worth / Assets

n/a

Year to date, annualized, through each quarter.

Metric	Q4 1995	Q2 1996	Q4 1996	Q2 1997	Q4 1997	Q2 1998	Q4 1998	Q2 1999	YoY Δ	Trend
Earnings
Return on Assets	6.72%	6.49%	6.05%	4.27%	4.55%	4.87%	3.50%	3.65%	-62 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Growth
Asset Growth (YoY)	n/a	14.56%	22.67%	23.17%	11.95%	20.70%	14.63%	15.42%	-775 bps
Loan Growth (YoY)	n/a	28.43%	18.74%	4.56%	-3.16%	-2.63%	-1.90%	12.04%	+748 bps
Share Growth (YoY)	n/a	15.48%	18.04%	15.39%	7.78%	13.26%	18.54%	20.11%	+472 bps
Asset Quality
Delinquent Loans / Loans	3.06%	2.97%	4.10%	3.69%	2.34%	1.40%	1.04%	0.50%	-319 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.62%	0.68%	0.60%	1.36%	1.17%	1.41%	1.63%	1.49%	+13 bps
Capital
Risk-Based Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Worth / Assets	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Liquidity & Funding
Loans / Shares	139.88%	130.44%	134.73%	122.55%	125.69%	112.13%	111.50%	114.32%	-823 bps
Liquid Assets / Assets	1.12%	2.04%	2.83%	9.18%	15.73%	15.56%	17.35%	13.40%	+421 bps